Apartments For Rent in 40509
84 rentals
- NEW - 1 DAY AGOPET FRIENDLY$1,324 - $2,397/mo1-3 Beds1-2 BathsThe Retreat at Hamburg Place Apartments | 2365 Sir Barton Way #1105,
Lexington, KY 40509 - PET FRIENDLY$1,091 - $1,333/mo1-2 Beds1-2 BathsStoney Brooke Apartments | 175 N Mount Tabor Rd #121,
Lexington, KY 40509 - SPECIAL OFFERPET FRIENDLY$1,380 - $2,472/mo1-3 Beds1-2 BathsParkside Heights | 320 Hannah Todd Pl #304-308,
Lexington, KY 40509 - SPECIAL OFFERPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY$1,368 - $2,089/mo1-3 Beds1-2 BathsWaterstone at Hamburg Apartments | 2785 Polo Club Blvd #2-134,
Lexington, KY 40509 - NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
- PET FRIENDLY
- $1,396 - $1,996/mo1-2 Beds1-3 BathsHamburg Farms | 2498 Aristocracy Cir #32-2490,
Lexington, KY 40509 - $993 - $1,557/mo1-3 Beds1-2 BathsThe Champion at Bluegrass Apartments | 300 Quinton Ct #4-203,
Lexington, KY 40509 - $1,143 - $2,278/moStudio-3 Beds1-2 BathsSprings at Hamburg | 2151 Meeting St #1205,
Lexington, KY 40509 - $981 - $1,285/mo1-2 Beds1-2 BathsRaintree Apartments | 175 N Locust Hill Dr #25-2503,
Lexington, KY 40509
Average Rent Trends in 40509
Rent in 40509 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Jun 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,815 |
| Aug 2025 | $1,950 |
| Sep 2025 | $1,731 |
| Oct 2025 | $1,795 |
| Nov 2025 | $1,775 |
| Dec 2025 | $1,849 |
| Jan 2026 | $1,780 |
| Feb 2026 | $1,843 |
| Mar 2026 | $1,795 |
| Apr 2026 | $1,822 |
| May 2026 | $1,700 |
| Jun 2026 | $1,692 |
Average Rent By Bedroom and Home Type
In June 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,377 | $1,550 | $1,900 | $2,800 | $1,750 |
| Townhomes | — | $1,500 | $1,650 | — | $1,550 |
| Apartments and Condos | — | $1,395 | $1,600 | $1,849 | $1,600 |
| Houses | — | $1,250 | $2,100 | $2,800 | $2,300 |
Frequently Asked Questions about Rentals in 40509
- What is the average rent of an apartment in 40509?The average rent of an apartment in 40509 is $1,491 per month. This is about 24% lower than the national average.
- What is the average rent of a house in 40509?The average rent of a house in 40509 is $2,300 per month. This is about 18% higher than the national average.
- What is the average rent of a townhome in 40509?The average rent of a townhome in 40509 is $1,550 per month. This is about 21% lower than the national average.
- When is the average rent cheapest in 40509?In the last year, the average rent in 40509 was lowest in Apr 2025 when it was $1,689 per month.
- When is the average rent most expensive in 40509?In the last year, the average rent in 40509 was highest in Aug 2025 when it was $1,950 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40509?The average rent of a 1 bedroom apartment in 40509 is $1,377 per month. That is about $628 more than the cost of a studio apartment.
- How many available rental listings are in 40509?There are 83 available rental listings in 40509.
- What are some cities near 40509?Some nearby cities include: Lexington, Winchester, Nicholasville, Paris, Richmond, North Middletown. These cities may have more rental options to explore.